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minutes from now, any moment, they're starting to arrive, we have boehner, pelosi, mcconnell, reid. they're on capitol hill. what can president obama offer that both sides can agree to. >> unfortunately for individual members of the republican house it is to their interest to let tax increases go into effect. that way they won't be viewed as having raised taxes. they can come in and easier to negotiate with them. what the president, what we are hearing about what the president is proposing though, is a small deal to get them through the fiscal cliff so that it avoids some of the implications, some of the more damaging implications for the economy. i don't think the fiscal cliff honestly is really going to have a huge impact. our housing market and labor market remained firm and i think they can survive this. but i do think that though, that if the president does offer this smaller deal i think there's opportunity here, though it is probably slim. heather: that smaller deal, or that plan-c as the president has called it, i guess last friday or we're calling it now plan-c, david, it really
. number two, plan b was really the idea of chuck schumer and nancy pelosi as recently as in this summer. to set the threshold on incomes to a million dollars versus 250,000, allow those tax rates for a million and above go up, the president talked about taxing millionaires and billionaires, that would be right, and now let the rest of the country enjoy the extension of the full bush tax cuts which i think we now even see democrats acknowledging have meaningful -- gregg: basil, if it doesn't work, the president's going to have egg on his face, right? >> no, not at all. gregg: come on. >> the president has come back with a compromise. the people that have egg on their face are republicans. they've taken intractable positions where as the president has made concessions, boehner cannot show leadership to get anything passed through his congress right now. and, quite frankly, they're being sort of held by the tea party against some extraordinary positions that they have to take at a time when the paradigm has shifted. so i think the country is recognizing that the country -- gregg: looking a
same thing out of the pelosi leadership for several years. let's look at what is more important. harry reid is there today, instead of taking up the bill that he should be taking up he's using this to make political points. i think that says a lot of about where we are heading. patti ann: congressman thank you for joining us. >> thank you for having me. gregg: fox news alert just learned now that the head of the epa, the environmental protection agency, is quitting. lisa jackson announcing she will leave her post next month. during her tenure she pushed through some of the toughest regulations on vehicle emissions and coal processing plants, proptin prompting republicans to accuse her of waging war on coal. president obama praised her for her work. in enacting those reforms. she reportedly has not accepted any other job at this time and she was in a bit of trouble for some of her email accounts recently. and some of her other remarks as well. let's go to jon scott, what is happening now, jon johnsto. jon: the president and lawmakers are supposed to be getting back to work in washingto
Search Results 0 to 2 of about 3